Generative AI can give you "Superpowers"

🗞️ The Tech Issue | Jul 7, 2023

Author

Qamar Zia
July 07, 2023

Good morning. It's Friday, Jul 7. In today's edition, I am bringing to you the latest AI news, insights, resources, and tools. Whether you're an executive, professional, enthusiast, researcher, or simply curious, join me on this exciting view into the world of AI. Let's enjoy the read together!

Here are the highlights:

Top Story — Generative AI can give you “superpowers"

Resources â€” Harnessing generative AI for content creation and planning

Enterprise — 74% of executives believe the benefits of generative AI will outweigh the associated concerns

Podcast Worth Sharing — Sam Altman: OpenAI CEO on GPT-4, ChatGPT, and the Future of AI | Lex Fridman Podcast

AI Tools â€” Build Custom responsive apps & publish anywhere — No coding required

AI-Generated Video and Images — AI-generated images of the digital zoo

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STORIES

According to McKinsey research, in the past six months, workers from various fields, such as marketers, developers, and product designers, have been uncovering the benefits of generative AI in enhancing their work. This includes creating exceptional content quickly, speeding up coding and testing in IT, and improving product simulations and design for superior quality. In essence, generative AI provides them with remarkable abilities.

AI has made some cool advancements lately, especially with LLMs. They've found all sorts of useful applications in different areas. But when it comes to finance, things get a bit more complicated. That's why BloombergGPT is here. It's a special AI model designed specifically for the financial industry.

With BloombergGPT, Bloomberg can improve their financial NLP tasks, like analyzing sentiments, recognizing important names, categorizing news, and answering questions about finance. It's a big deal because it means they can use the massive amount of data on the Bloomberg Terminal even more effectively. This way, they can provide better assistance to their customers and fully unleash the power of AI in the financial world.

OpenAI is creating a team, led by Ilya Sutskever, to develop methods for steering and controlling "superintelligent" AI systems. Sutskever and Jan Leike predict the arrival of AI surpassing human intelligence within the next decade and emphasize the need for research into controlling and restricting its behavior.

According to an exclusive survey conducted by YouGov for the Variety Intelligence Platform, many workers in the U.S. entertainment industry express significant concerns regarding the impact of generative AI technology on their roles, companies, industries, and the broader cultural landscape.

Currently, there are three main approaches to integrating proprietary content into a generative model, and the technology for doing so is advancing quickly. These approaches allow organizations to incorporate their specific domain knowledge into the model, enabling more customized and tailored outputs. This detailed article discusses the three main approaches and more.

RESOURCES

This article explores using generative AI for content creation and planning, covering its usage, benefits, challenges, getting started, and four AI tools for content planning and creation. It is a must-read for content creators.

Generative AI in Coding Market size is expected to be worth around USD 98.1 Mn by 2032 from USD 14.0 Mn in 2022, growing at a CAGR of 22.1% during the forecast period from 2023 to 2032.

Maintaining user trust in GenAI applications relies on a comprehensive understanding of generative AI hallucinations—what they entail, why they occur, and how to prevent them. This knowledge is essential in upholding the reliability and credibility of GenAI applications and ensuring a positive user experience.

ENTERPRISE

In a recent report by the Capgemini Research Institute titled 'Harnessing the value of generative AI: Top use cases across industries', it was found that 70% of executives believe that generative AI will expand the roles of knowledge workers. The report also revealed that 96% of executives consider generative AI as a crucial topic in boardroom discussions, with a majority expressing strong support from their leadership.

Thanks to various factors like improved AI algorithms, more powerful computing systems, and cost-effective cloud infrastructure, customer care applications powered by AI are on the rise. These applications are capable of providing quicker and more human-like answers and solutions to customers. And guess what? These clever algorithms can even be fine-tuned to better match the specific needs of different industries and companies by adjusting the data they're trained on.

PODCAST WORTH SHARING

Source: Lex Fridman

AI TOOLS

Prompt Refine is an AI tool designed to assist users in constructing prompts in a structured manner. With its capabilities, users can easily incorporate variables, modify parameters, and even create new prompt folders, facilitating a streamlined and organized prompt-building process.

Adalo allows freelancers, creatives, founders, and people just like you to build & publish custom responsive apps for the web and mobile devices.

The easiest way to extract and monitor data from any website.

Create and Edit Images like a pro without being one.

AI-GENERATED IMAGES OF THE DAY

Here are some amazing AI-generated images of the digital zoo.

Source and image credit: Reddit. See the image creator’s details and work at this Reddit link.

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